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...over Chinese red chips in 1996-97 and the mad rise of Thai banking stocks before the carnage of the 1997-98 Asian financial crisis. Today, as always, there are pockets of mania that could end in mayhem, from the Shanghai property boom to delirious foreign investment in overheated Indian midcap stocks...

Author: /time Magazine | Title: Investing: Betting Against The Crowd | 9/18/2005 | See Source »

...good historical films come out of India. Movie buffs remember Satyajit Ray's The Chess Players, a classic in which the British seize the Indian kingdom of Avadh, and Lagaan, a crowd-pleaser nominated for an Oscar in 2002, in which the Indians thrash the British at cricket. But these are the exceptions. Most Bollywood films focus predictably on ishq?love?and little else. The travails of The Rising: Ballad of Mangal Pandey, India's most ambitious historical movie in years, show...

Author: /time Magazine | Title: The Shackles of History | 9/12/2005 | See Source »

...case, the charge of character assassination is preposterous. The Rising isn't particularly good, but Khan is splendid: by turns virile and pensive, he has created a thinking hero of a kind rarely seen in Indian movies. And that's riled up another set of the movie's critics?an iconoclastic group that delights in punching holes in the heroes that many Indians hold sacred. This lot, shooting off columns in magazines and papers, has suggested that Pandey wasn't fighting for India, which didn't even exist in 1857, but was just a village boy furious that he couldn...

Author: /time Magazine | Title: The Shackles of History | 9/12/2005 | See Source »

...Number of deaths in northern India due to Japanese encephalitis since late July, almost all children. An estimated 7 million Indian children are at risk of catching the disease; only 200,000 have been immunized...

Author: /time Magazine | Title: Milestones | 9/12/2005 | See Source »

...Truth Is as Beautiful as Fiction Most writers are happy to achieve success in a single format, but such a career would bore gifted polymath Vikram Seth. The Indian-born author has already delighted readers with poetry, translations of Chinese verse, a book of travels through Tibet, a libretto and the monumental novel A Suitable Boy. This fall, Seth releases his latest foray into a new genre: a memoir titled Two Lives, which tells the true story of how his Indian granduncle Shanti fell in love with and married a Jewish-German woman after World War II. The book will...

Author: /time Magazine | Title: Fall Preview: Books | 9/12/2005 | See Source »

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